Crude Oil Prices Show Modest Gains

Good morning! Todays crude oil market is showing a slight upward trend, with most contracts closing higher than their opening prices. The January twenty-six contract closed at $59.99 per barrel, up $0.32, while the February twenty-six contract ended at $59.64, up $0.33. Longer-term contracts also saw gains, with the December twenty-six contract closing at $58.86, up $0.28, and the December twenty-seven contract finishing at $59.46, up $0.23. However, the November twenty-six contract saw a slight dip, closing at $58.49, down $0.10. Todays estimated trading volume is 204,676 barrels, following yesterdays volume of 638,731 barrels, with open interest currently at 1,950,298.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.